<p>I believe there are three academic quarters in a school year (DD went to a college on quarters). I’m not an expert on this…but if you think of 12 semesters as being equivalent to 6 years that might help you. When you receive the Pell on a quarter system school, it is divided into three parts…not two (like in semesters). I’m guessing that for a school on quarters…it would be 18 quarters (not sure what exactly happens in terms of summers…).</p>